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Premium Refunds

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Annual Premium Refund

A key benefit of our unique, not-for-profit insurance products is the annual premium refund. On selected plans, premiums in excess of claims, expenses and reserves may be refunded to insured members. While past performance does not guarantee future results, active members who purchase Life, Disability and Professional Overhead Expense coverage have benefited from a combination of premium refunds – totalling over $36 million for the 2016/2017 plan year.

​ Life

(G-3900 and G-29500)

​ Disability

(Plus Retirement Protection)

Professional Overhead Expense
10 Year Average
63% ​32%​​​49%


For 2017 those members who signed up for direct deposit, your refund was deposited on 
December 12th, 2017. All others, including those policies owned by a corporation, will be mailed a cheque. Join your colleagues and get next year's refund sooner by downloading and completing the Direct Deposit Form.